Brinker Sales Momentum Continues as Chili's Value Play Resonates
Brinker International EAT -14.51%decrease; red down pointing triangle sales and profit soared in its latest quarter as Chili's Grill & Bar sales remained on a tear.
The restaurant operator on Tuesday reported a 27.7% sales increase for its latest quarter, with Chili's posting a 31.6% jump in same-store sales. The Tex-Mex-inspired chain has posted a stunning sales comeback lately on the back of marketing that touts value, including a $10.99 '3 for Me' deal launched last year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 hours ago
- Yahoo
/C O R R E C T I O N -- Douglas Elliman/
In the news release, 4TRO Development and Kastelo Development Unveil New Boutique Townhome Project in Delray Beach, issued 10-Jun-2025 by Douglas Elliman over PR Newswire, we are advised by the company that the headline should read "Kastelo Development and 4TRO Development..." and in the 2nd paragraph should read "Jerad Graham of Kastelo Developmen" rather than originally issued. The complete, corrected release follows: Eight Exclusive Townhomes Feature Private Elevators and Elevated Cocktail Pools, One Block from Atlantic Avenue DELRAY BEACH, Fla., June 10, 2025 /PRNewswire/ -- Renowned property development groups, 4TRO Development and Kastelo Development, today launch Casa Avenida, an exclusive, four-story townhome community in the heart of Delray Beach. Located at 102 SE 5th Avenue, this boutique collection of just eight private residences, ranging from 2,804 to 3,336 square feet, introduces a new level of refined living in one of South Florida's most dynamic coastal destinations. Blending modern architecture with contemporary design, Casa Avenida boasts top-of-the-line finishes and amenities, from private elevators to secure garages and an elevated cocktail pool. Pricing is anticipated to begin around $3 million, with completion expected in the second quarter of 2027. The upscale townhomes are exclusively sold by TJ Verdiglione and Nicole Melveney of the GVC Real Estate Team at Douglas Elliman. "We envisioned Casa Avenida as an exclusive Atlantic Avenue retreat where residents emerge from their private sanctuary to enjoy the vibrant lifestyle of Delray Beach just steps from their front door," says Jerad Graham of Kastelo Development. "Delray has discerning buyers and we wanted to provide a unique and exclusive experience for a level of luxury that isn't available in other townhouse-style projects downtown." At Casa Avenida, every four-story townhome is thoughtfully crafted by RWB-Linares Architecture to reflect Delray's timeless coastal charm, incorporating clean lines and elegant details that honor the city's heritage. Interiors are a collaboration between Stef Leonel Interior Design and Ava Gray Interiors, combining Brazilian-inspired warmth with curated elegance. The result is a series of open, light-filled homes with high ceilings, expansive windows, and seamless indoor-outdoor flow. Each residence includes a private elevator, two-car garages and two private terraces—one on the second floor and another on the fourth floor. The second-floor terrace boasts an elevated cocktail pool and the fourth-floor terrace has an outdoor kitchen as well as a balcony adjacent to an air-conditioned bonus room perfect for entertaining or a peaceful retreat. "From day one, our architectural and interior design teams collaborated seamlessly, ensuring that every element of Casa Avenida embodies Delray's signature indoor-outdoor lifestyle—where living spaces flow effortlessly into the landscape," says Stef Leonel. "By incorporating abundant natural light, lush greenery on private, elevated outdoor spaces, and premium finishes throughout, we've created a home that feels both perfectly integrated with its surroundings and truly refined for comfortable daily living." Casa Avenida's prime location places residents just a short walk away from all that Delray Beach has to offer. Known as Florida's Village by the Sea, Delray pairs small-town charm with big-city energy. The neighborhood is highly walkable, with Atlantic Avenue's renowned restaurants, art galleries, and shopping just steps away. From morning coffee at a nearby café to sunset walks on the beach, this enclave offers the ideal balance of convenience, culture and coastal lifestyle. For more information on Casa Avenida, please visit or contact TJ Verdiglione at 561-730-2508 or About 4TRO4TRO is a real estate investment and development firm focused on multifamily, residential, industrial and mixed-use opportunities in the United States. 4TRO Development and Capital is an extension of Produgesa, a branch of the family-owned Grupo Geo with over 30 years of experience in industrial, residential, and commercial developments and investments in Central America. Expanding into the U.S. market, 4TRO brings this expertise to Florida, focusing on developments and strategic investments. They leverage their extensive experience to create exceptional properties and make informed investment decisions that drive value for their investors and positively impact the communities they serve. For more information, visit About Kastelo DevelopmentKastelo Development is a real estate investment and development firm with experience building over $600 million in residential and mixed-use projects. The firm now focuses on Florida townhomes in high-growth, supply-constrained markets. Kastelo operates with an investor-first mindset, structuring each project around capital alignment, repeatable relationships, and long-term trust. The firm is committed to delivering durable value and protecting investor capital through high quality site selection, design, and transparent execution. For more information, visit About Douglas Elliman Elliman Inc. (NYSE: DOUG, "Douglas Elliman") owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, D.C. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ("PropTech") solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman Realty is available on its website, Investors and others should note that we may post information about Douglas Elliman Inc. on our website at or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at and on our social media accounts. View original content to download multimedia: SOURCE Douglas Elliman Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 hours ago
- Yahoo
DIN Q1 Earnings Call: Menu Innovation and Value Programs Shape Outlook Amid Margin Pressure
Casual restaurant chain Dine Brands (NYSE:DIN) met Wall Street's revenue expectations in Q1 CY2025, with sales up 4.1% year on year to $214.8 million. Its non-GAAP profit of $1.03 per share was 16.7% below analysts' consensus estimates. Is now the time to buy DIN? Find out in our full research report (it's free). Revenue: $214.8 million vs analyst estimates of $215.1 million (4.1% year-on-year growth, in line) Adjusted EPS: $1.03 vs analyst expectations of $1.24 (16.7% miss) Adjusted EBITDA: $54.73 million vs analyst estimates of $57.31 million (25.5% margin, 4.5% miss) EBITDA guidance for the full year is $240 million at the midpoint, above analyst estimates of $235.4 million Operating Margin: 18.1%, down from 21.9% in the same quarter last year Locations: 3,408 at quarter end, down from 3,445 in the same quarter last year Same-Store Sales fell 2.4% year on year, in line with the same quarter last year Market Capitalization: $411.9 million Dine Brands' first quarter results were shaped by consumer caution and strategic adjustments across its key brands. CEO John Peyton cited increased value mix at Applebee's and IHOP, noting, 'Guests remain cautious with their spending, particularly lower income guests, and we continue to see check management and trade down to lower priced items.' Menu innovation, such as Applebee's Big Easy promotion and off-premise sales initiatives, contributed to improving sales and traffic late in the quarter. At IHOP, the House Faves value menu and a focus on core breakfast items helped drive positive trends in traffic, even as overall same-store sales declined. Operational improvements, including updates to ordering technology and training protocols, also played a role in enhancing guest experience and supporting performance in a challenging environment. Looking ahead, Dine Brands' management emphasized ongoing investments in value platforms, menu enhancements, and operational streamlining as central to its outlook for the remainder of the year. Peyton pointed to planned expansion of dual-branded locations and the evolution of loyalty programs as key growth drivers. CFO Vance Chang highlighted stable labor costs but flagged commodity inflation, especially in eggs, as a risk to margins. Management maintained its full-year guidance, supported by recent momentum in sales and traffic at both Applebee's and IHOP, with Peyton stating, 'We're going to continue to elevate the guest experience, enhance our menus and value programs, and focus on operations—particularly at IHOP.' The company is also closely monitoring the impact of tariffs and supply chain costs, with efforts underway to mitigate potential headwinds. Management credited menu innovation, value-focused guest offerings, and operational changes as the main factors influencing quarterly performance and guiding ongoing strategy. Menu innovation at Applebee's: The Big Easy menu, featuring Bourbon Street-inspired dishes, was introduced as a limited-time promotion. Management stated that these new items drove both traffic and sales, particularly in March and into April, by leveraging the existing popularity of the Bourbon Street segment and offering compelling price points. Off-premise and digital growth: Applebee's continued to expand its off-premise business through targeted promotions like the $0.50 Boneless Wings campaign during NCAA Basketball, and menu offerings designed for takeout. These efforts resulted in a 3.7% increase in off-premise sales, with management describing this as validation of their strategy to include nationally advertised, to-go only promotions. Value platform progress at IHOP: The House Faves value menu, launched late last year, remained a core traffic driver. Management noted its role in attracting guests despite headwinds in family dining, emphasizing that IHOP's traffic outperformed the broader segment for the quarter. Testing is underway to expand House Faves from weekday-only to everyday availability. Operational simplification and technology: At IHOP, process improvements included optimizing server tablets, streamlining kitchen workflows, and introducing video training tools. Management reported these changes have improved speed of service and table turnover, with franchisees engaged in the operational task force to further simplify procedures. Dual-brand and franchise development: The company highlighted the success of dual-brand concepts—Applebee's and IHOP combined in a single location—both domestically and internationally. The first domestic dual-brand restaurant in Texas outperformed previous standalone results, leading to expanded commitments from franchisees. Management views this as a sign of strong franchisee confidence and a potential catalyst for further development. Management expects menu innovation, loyalty program expansion, and operational efficiencies to drive growth, but notes margin headwinds from commodity inflation and tariffs. Expansion of loyalty programs: Applebee's is making its loyalty program, Club Applebee's, a central pillar of brand engagement. Management aims to leverage data for more personalized marketing and exclusive offers, with recent promotions leading to over 175,000 new signups. IHOP continues to use its points-based program to attract and retain guests, with digital and off-premise channels as growth areas. Dual-brand and remodel initiatives: The rollout of dual-branded restaurants and the Applebee's Looking Good remodel program are expected to support traffic and sales. Early results from remodeled locations and dual-brand conversions have exceeded expectations, and management plans to accelerate these initiatives, supported by franchisee incentives and cost reductions in new builds. Commodity and tariff risk management: CFO Vance Chang flagged rising commodity costs, especially eggs, and potential tariff impacts as ongoing risks. The company's supply chain co-op is focused on cost-saving projects and operational improvements to support franchisee profitability, but management cautioned that commodity cost forecasts do not yet factor in potential tariff effects. In the months ahead, our analysts will watch (1) the effectiveness of menu innovation and value offerings in sustaining traffic growth, (2) the pace and financial impact of dual-brand conversions and restaurant remodels, and (3) management's ability to offset rising commodity costs and potential tariff pressures. Progress in loyalty program engagement and digital ordering will also be key indicators of execution. Dine Brands currently trades at a forward P/E ratio of 5.1×. In the wake of earnings, is it a buy or sell? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 hours ago
- Yahoo
Take an Exclusive First Look Inside the Largest All-Inclusive, Ultra-Luxury Cruise Suite in History
Ahoy there, sailors: Luxury cruise brand Regent Seven Seas is making waves within the hospitality industry with the first look at its Skyview Regent Suite, the largest all-inclusive, ultra-luxury cruise suite in history. Key points to know: Measuring 8,794 square feet across two levels, the Skyview Regent Suite aboard the Seven Seas Prestige is the largest all-inclusive, ultra-luxury cruise suite in history. The suite includes 2 bedrooms, 2.5 bathrooms, its own gym and sauna, and 3,703 square feet of outdoor space via its wraparound balcony. Guests can experience the suite, which costs $25,000/ night, when the SS Prestige launches in late 2026. The suite is the signature luxury suite aboard the Seven Seas Prestige, the newest ship in Regent's fleet set to debut in late 2026 and poised to redefine luxury cruise travel in the years to come. And with 8,794 square feet spread over two levels, the suite appears designed to compete directly with the once-unshakable ownership of extreme luxury accommodations by top tier hotel brands just as several are taking to the seas by launching their own ships. Regent unveiled renderings of the modern Italian-inspired suite—designed by Miami-based Studio DADO—along with additional interiors, such as the Prestige's soaring and super glamorous atrium, June 11, 2025. "It's very difficult to make something simple and yet luxurious," Studio DADO's Pedro Andres Rodriguez told us. Honing the design was "an exercise in reduction." The Skyview Regent Suite is one of 4 new suite classes, and 12 total, offered on the Seven Seas Prestige. Notable design features of the $25,000/night suite include two bedrooms, 2.5 bathrooms, an in-suite gym and sauna, a graciously-sized walk-in closet, and a formal dining room with a glass-enclosed bar. But perhaps the most luxurious feature of all is the suite's outdoor space: a whopping 3,703-square-foot wraparound balcony. "We wanted to encourage people to go outside," Rodriguez said. "It's a fun project when you get to design almost without limits." The luxury of space is becoming increasingly coveted by luxury cruise travelers, and Regent is answering the call with the design of the Seven Seas Prestige beyond the private elevator, dramatic skylights, floating stone staircase, and panoramic views featured inside the Skyview Regent Suite. Clocking in at 77,000 tons with a max capacity of 822 guests and 630 crew members, the ship offers one of the highest space-to-guest and crew-to-guest ratios (1:1.31) in the industry. But for guests of the Skyview Regent Suite, the luxury experience isn't limited to square footage alone. Once checked in, suite guests will have access to enhancements throughout their voyage that include: a personal butler; daily spa and wellness treatments; a private car with a guide in every port; personalized stationary; and unlimited laundry. The suite also comes with top-tier Champagne, cognac, caviar service, daily canapés, Flou beds (handcrafted in Italy, with a cost of about $60,000 per bed) and luxury amenities like a curated pillow and fragrance menu. Prospective guests will have to wait until December 2026 for the inaugural sailings of the Seven Seas Prestige, which will include 13 voyages across Europe and the Caribbean Sea, with two transatlantic crossings and sailings of 10-15 nights in length. Reservations for the maiden season open June 25, 2025, here. You Might Also Like Spectacular Gifts for the Most Stylish Women in Your Life 16 Gorgeous Indoor Plants for Homes of All Sizes
